$BTC
Here’s the latest update on Bitcoin (BTC) in the U.S.:
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📈 Current Market Check
Trading around $108,018, with intraday highs near $108,306 and lows around $107,341.
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📰 Key U.S. Developments
1. Institutional Inflows & Regulation
Global X ETFs forecasts a 45% rise to $200K within 12 months, fueled by $11 B in ETF inflows and policymakers moving toward clearer regulation through the U.S. GENIUS Act .
Barron’s highlights near $50 B in ETF inflows driving BTC to $109,758, with broader crypto markets also showing gains .
Business Insider notes BTC near $107,800, with a potential trek to $143 K if it breaks the $114 K resistance level upheld by strong ETF and halving dynamics .
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2. Dormant 'Sleeping' Wallets Wake
Two wallets dormant since 2011 holding 10,000 BTC each (now valued over $1 B per wallet) were recently activated—suggesting potential market impact if liquidated; so far, they’ve only moved, not sold .
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3. Corporate Accumulation
MicroStrategy (rebranded Strategy) added another 4,980 BTC for a $531.9 M purchase, holding nearly 597,325 BTC—a sign of aggressive corporate accumulation .
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4. Regulatory Landscape
The U.S. SEC, under new leadership, has paused lawsuits against major players like Binance and Coinbase, and implemented the Strategic Bitcoin Reserve (an executive order in March 2025) positioning BTC as a potential government-held reserve asset like gold .
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🔎 Outlook Summary
Factor Insight
Price ~$108K with bullish momentum toward $114K–$143K if resistance breaks
Momentum Drivers Big ETF inflows (~$50B–$60B), strong corporate buying, and regulatory support
Risks Large wallet movements, macroeconomic shocks, and potential short-term pullbacks
